Specialist - Finance & Accounting

Overview

Specialist in Finance & Accounting supporting the Account Payables team within Marsh's risk, reinsurance, and capital business, covering payments processing, reconciliations, and exception resolution.

What you'll do

• Manage end-to-end cash applications for high-volume and complex accounts, ensuring accurate posting and timely resolution of exceptions.
• Support reconciliations, reporting, month-end activities, and compliance with SOX and audit requirements.
• Guide junior team members, manage escalations, and contribute to process improvements, automation, and smooth team operations.
• Review the payment requisition report and highlight entries which need Accounting Ops Manager to review manually.
• Ensure appropriate Business approvals and supporting information have been attached in case of sanction check scenarios.
• Review urgent payment requests and corresponding details.
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines.
• Review details and ensure appropriate approvals or information has been shared for payments made before settlement due date, offset against due payables, or resulting in Marsh funding.
• Send payment requests for authorization once all required information has been obtained and relevant checks completed for requests requiring manual review.
• Receive payment confirmation details including transaction reference details and store the report in DMS.
• Send settlement advice details to the trading partner and store a copy in DMS.
• Perform checks to ensure the statement is unique (not previously processed) and identify entries to be excluded from the report for processing, with reasons.
• Review excluded entries and take appropriate actions to resolve exceptions (for example, requesting Treasury to liaise with banking partners if required).
• Reconcile statements of account with ledger balance and resolve any discrepancies by contacting the relevant parties.

What you'll need

• Any relevant accounting degree.
• 4 - 5 years of experience in accounting.
• Prior experience working in similar roles.
• Excellent verbal and written communication skills.
• Strong attention to detail.
• Ability to show initiative and contribute to a continuous improvement environment.
• Proficiency in MS Office, including advanced Excel and PowerPoint.
• Active team player with the ability to work across geographies.
• Openness to new challenges and willingness to undertake additional responsibilities.

Nice to have

• Positive attitude and ability to adapt to an ever-changing environment.
• Aptitude for systems and technology.
• Working knowledge of Microsoft Excel, including filters, sorting, lookups, pivot tables and basic data validation.
• Ability to multi-task, work under pressure, and meet tight deadlines.
• Ability to work independently and collaboratively with a team; strong ability to prioritize time effectively.
• Prior working experience in the Insurance Sector.
• Prior experience in Accounts Payable.

Details

• Based in Pune – Business Bay.
• Hybrid role requiring at least three days a week in the office; office-based teams identify one anchor day per week for full-team in-person presence.